Windsor News & Research Blog - Forex & CFD Market Analysis

Cable bounces after repeated attack at top of thick daily cloud (1.4012) was rejected. Cloud continues to underpin, with support reinforced by rising 20SMA (1.3995), which could result in stronger recovery of three-day fall from 1.4244.…
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The Euro is slightly higher in early Friday's trading after yesterday' s Doji signaled that sharp fall of past two days might be running out of steam. Brief recovery attempts (the pair was up around 30 pips from Asian low at 1.2290) so far…
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The pair showed limited reaction on better than expected US weekly jobless claims (215K vs 230K f/c) and downbeat Canadian GDP data (m/m Jan GDP -0.1% vs 0.1% f/c and annualized -0.3% vs 2.9% f/c). Extension of recovery rally from 1.2814…
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Copper moved higher on Thursday and probes above past-three days congestion, cracking pivotal barriers at 3.0239/82 (Fibo 38.2% of $3.1645/$2.9370 fall / falling 10SMA). The metal received support from easing fears of trade war which kept…
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WTI oil stands at the back foot on Thursday and keeps the downside vulnerable. The price spiked to new low at $63.71 after surprise build in crude stocks on Wednesday (EIA report showed crude inventories rose by 1.6 million barrels vs…
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The Aussie dollar is slightly higher on Thursday, in consolidation above weekly cloud base (0.7641) which contained strong fall in past two days. Tuesday's outside day and fresh extension lower on Wednesday continue to weigh, along with…
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The pair is consolidating under fresh recovery high at 107.01 on Thursday, after previous day's strong rally when dollar was up 1.5% against yen, on the biggest one-day rally s since 15 June 2017. The structure on daily chart improved…
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The Euro traded within 30-pips range on in Asia / early Europe on Thursday, consolidating after previous day's strong fall. Extension of pullback from 1.2476 (Tuesday's peak) found footstep at 1.2300 (Fibo 76.4% of 1.2241/1.2476 upleg) but…
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Cable extends lower in early hours of European session on Thursday after consolidating losses of past two days in Asia. Fresh weakness cracked strong support at 1.4040 (bull-channel support line / Fibo 38.2% of 1.3711/1.4244 rally) and…
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The Euro holds bearish near-term bias and penetrates daily cloud after upbeat US GDP boosted dollar. Extension through cloud top (1.2370) retraces 61.8% of 1.2241/1.2476 upleg and cracked converged 10/20/30SMA's at 1.2340. Close in the…
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